Objectives:
| 8.1 - I can define accounting term related to financial statements for a service business organized as a proprietorship. |
| 8.2 - I can identify accounting concepts and practices related to preparation of financial statements for a service business organized as a proprietorship. |
| 8.3 - I can prepare an income statement for a service business organized as a proprietorship and analyze an income statement using component percentages. |
| 8.4 - I can prepare a balance sheet for a service business organized as a proprietorship. |